Conference recommends four strategic initiatives to boost economic diversification through technology

Dr. Hanadi Al-Mubaraki, Chair of the 6th Virtual Gulf Conference on Innovation, Entrepreneurship, and Artificial Intelligence, announced that the conference concluded on Tuesday with the adoption of four key recommendations designed to accelerate economic diversification through innovation, technology, and entrepreneurship.

Speaking to the Kuwait News Agency (KUNA), Dr. Al-Mubaraki highlighted the significance of the conference, which was held under the patronage of Minister of Information and Culture and Minister of State for Youth Affairs Abdulrahman Al-Mutairi. The event drew over 100 distinguished participants, including ministers, sheikhs, diplomats, inventors, entrepreneurs, researchers, and experts from a range of sectors.

Al-Mubaraki stated that the four core recommendations focused on critical themes:

Fostering Innovation-Driven Economic Growth — encouraging long-term investment in innovative and sustainable projects; establishing an Arab investment fund to support innovation, entrepreneurship, and technology transfer; creating a Gulf Center for Institutional Innovation and Technology Entrepreneurship and strengthening public-private-academic partnerships to elevate regional innovation and AI indicators.

Accelerating Digital Transformation and AI Adoption — developing robust digital infrastructure to support AI and cybersecurity solutions; supporting startups and SMEs operating in the AI sector; designing Arabic-language AI algorithms to localize technological advancements and enabling digital commerce ecosystems and introducing clear regulatory policies for data protection and privacy.

Advancing Key Sectors through Technology — enhancing the integration of AI, cloud computing, and smart technologies in the healthcare, education, and financial sectors; developing innovative financial technology tools; promoting regional digital integration among GCC and Arab countries to create cohesive tech-driven economic frameworks.

Investing in Smart Cities and Clean Energy — expanding infrastructure for smart cities and modern communications networks; developing renewable energy technologies and driving innovation in clean energy solutions; encouraging sustainable digital marketing practices to reduce carbon emissions and foster greater community awareness of environmental sustainability.

Dr. Al-Mubaraki emphasized that these recommendations reflect a unified regional vision for leveraging innovation and technology to build resilient, future-ready economies capable of responding to global challenges.